Cost of Living in Gates, NY
Cost indexes, living wages, and fair market rents — 2024 Data
Cost of Living Overview
Overall Index
108.3
100 = national avg
+8.3 vs national average
Living Wage (1 Adult)
$47,640
per year
Living Wage (Family of 4)
$112,603
per year
Cost Index by Category
Housing146.9
Food91.3
Transportation73.8
Healthcare93.0
Utilities104.1
100 = national average. Higher = more expensive.
Fair Market Rent
Source: HUD1 Bedroom
$1,256
per month
2 Bedroom
$1,573
per month
The overall cost of living index in Gates is 108.3, which is 8.3% above the national average. Housing costs are above the national average at an index of 146.9. A single adult needs to earn approximately $47,640 per year to cover basic expenses.